Senior Development Loans

We provide senior loans of £3m - £50m to fund up to 60% of GDV or 70% of costs for residential development projects in London and the south east. We can provide a much faster turnaround than traditional high street lenders, with rates from 4.0%.

With pricing starting at 4.0% plus fees, Pluto is very competitive compared with high street lenders, but with a much faster turnaround time.

Loan sizes from £3m – £50m

Up to 70% Loan to Cost and 60% Loan to Value (including rolled up interest)

We will consider locations in London and the south east, which are residential or residential-led

Fast turnaround with terms issued within 48 hours

Pluto Finance is a principal lender, not an intermediary

Loan secured by first legal charge on the development site

Experienced developers only

Maximum 30 month term

Pricing depends on the leverage level and may be expressed as a simple interest rate or interest rate plus fees depending on the project.

Get in touch with us

Speak to one of our experienced team to find out how Pluto Finance can help you.